The chart is using reported earnings. You're citing earnings
estimates and then making an assumption on a two year average of
those estimates. That in no way makes the chart misleading.
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The chart is using reported
Roberts - PE ratios & future returns
Posted by a_l_ on 11th of Jul 2016 at 01:04 pm
The chart is using reported earnings. You're citing earnings estimates and then making an assumption on a two year average of those estimates. That in no way makes the chart misleading.